Falcao to be announced on Friday

Prolific Atletico Madrid striker Radamel Falcao is to be announced as the next big name signing for Ligue 1 side AS Monaco in a press conference on Friday.

The 27-year old Columbian International, will sign a four year contract at the Stade Lous II, earning a reported £14 million a year.

The state of Monaco currently has no income tax, which is a massive drawing point for Europe’s top players to move to the club, and an advantage which is under heavy scrutiny in France by all Ligue 1 sides.

It is a shame to see a player of Falcao’s ability moving for money in his career, and not being able to watch his talents in the Champions League next season.

He will be joined at his new club by defender Ricardo Carvalho, who joined on a free transfer yesterday, and FC Porto pair James Rodriguez and Joao Moutinho.

Falcao’s record at Atletico is nearly a goal a game, after scoring 51 goals in 65 games after joining the club for a club record £35 million from FC Porto, with the fee rising depending on appearances.